ESG ADX Long Setup🏢 Company Overview
Emirates Stallions Group is a major diversified holding company based in Abu Dhabi, UAE, and is part of the International Holding Company (IHC)
🔧 Core Business
Manpower & Accommodation Solutions:
Provides workforce management and labor supply (both skilled and unskilled)
Develops and manages staff/workers accommodation via subsidiaries like Sawaeed Holding, Century Village, and Tri Star
Real Estate Development & Construction:
Offers a full suite of services: feasibility, design, construction, project management, and post-construction operations
Includes specialized hospitality and engineering projects (e.g., ESG Hospitality, Royal Architect, Abu Dhabi Land General Contracting)
Retail, Interior Decoration & Manufacturing:
Owns and operates furniture and interior retail brands such as Decovision, Vision Furniture, AFKAR (OC Home, 2XL Home)
Handles manufacturing of wooden doors, cabinets, paneling, and decorative wooden elements
Landscaping & Agriculture:
Through Gulf Dunes Landscaping and ESG Agro, delivers landscape design, installation, and agriculture solutions with an eco-friendly focus
Investments & Consultancy:
Provides technical consulting, brokerage services, and holds investments across various sectors and global markets
📊 Recent Financial Highlights (2024 Data)
According to Reuters/LSEG, ESG reported:
📈 Revenue: AED 1.27 B
💰 Gross Profit: AED 436 M
🧾 Net Income: AED 225 M
🌍 Business spans over 20+ countries, with more than 35 subsidiaries across 4–6 industries
The Wall Street Journal
The company is highly diversified across workforce services, real estate, retail, agronomy, and investments
Regional to global reach, especially strong within the Gulf Cooperation Council (GCC) and expanding internationally
Integrated model enables turnkey solutions spanning design, construction, workforce logistics, and operational management.
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📉 Daily Trend Line Break – Technical Breakdown
🟢 The Setup
A descending trend line from the all-time high near 22.40 acted as a clear resistance cap through late June and early July. Which came after the May 2025 180% rally
This line connected multiple lower highs, creating a consistent bearish structure (Correction).
💥 Price Action & Breakout
Price action has now broken above that descending trend line, especially visible on the 30-min chart around the 15.70–16.00 zone.
This break came right after:
A demand zone bounce near 14.5
Completion of an Elliott Wave (4) correction
Breaking a daily trend line after a wave (4) correction is a classic confirmation signal that Wave (5) is kicking off.
If ESG holds above 15.70–16.00, we may see continuation toward:
🧾 Trade Idea (Long Setup)
📍 Entry: ~16.16
📉 Stop Loss: 15.08 (below local structure low)
🎯 Take Profit: 19.62 (prior supply zone retest)
🎯 Extended TP2: 22.3 (Last High)
⚖️ Risk/Reward Ratio: ~3.2R+
“ESG just tapped the demand zone like a sniper. That ABC correction looks done, and we got that hidden bullish divergence whispering ‘pump time’. If it breaks that 16.50 diagonal, bulls might rip through to 20 like it’s butter.”
⚠️ Disclaimer
This is not financial advice. Always do your own research and manage risk according to your strategy. Trading involves significant risk of loss.
Overview: Alpha Data PJSC (ALPHADATA, ADX)Sector: IT & Digital Solutions | Location: UAE
🔹 New to the stock market — but not to the business
ADX:ALPHADATA is one of the largest IT companies in the UAE. It went public very recently — in May 2025 — but has been operating for over 40 years (founded in 1981). The company provides solutions in digital transformation, cloud computing, cybersecurity, and IT services.
What makes it especially attractive is its client base, which includes some of the UAE’s most prominent organizations:
• ASX:ADNOC , ADX:TAQA , ADX:EAND , Emirates, Etihad, DP World, Dubai Police, ADX:FAB
• These names represent the core of the UAE’s economy and government sector — large, reliable, and financially stable partners.
The digital and cybersecurity sector continues to grow rapidly, particularly in GCC countries where government-led digital transformation is accelerating. This makes Alpha Data’s business both relevant and resilient in today’s geopolitical and technological climate.
📉 Technical analysis: is the entry point near?
The chart shows that after the IPO, the price reached the 1.90–1.95 AED zone before undergoing a correction.
Currently, the price is holding around 1.78–1.80 AED, with the main volume area (POC) located at 1.61 AED — a strong support level.
Indicators suggest:
• RSI and Stoch RSI are in the oversold zone — signaling a potential reversal.
• The Volume Profile confirms that the price is still above key volume areas.
🟩 Bullish scenario:
• Holding above 1.70–1.75 AED → bounce toward the 1.90–1.95 zone is possible.
• A breakout above this range could open the way toward 2.00+.
🟥 Bearish scenario:
• A breakdown below 1.70 AED could lead to a retest of 1.61 AED, which may offer another long opportunity.
✳️ Why I’m interested in this stock:
• ✅ Recent IPO — the market is still forming its long-term view.
• ✅ Strong sector (IT, cybersecurity, digital transformation).
• ✅ Top-tier clients — from ADNOC to Etisalat.
• ✅ Rare dividend story: the company has already announced plans to pay dividends twice a year,
with an expected yield of 8–9% (based on the IPO price). Of course, the amount depends on profitability,
but the fact itself is unusual for a tech company in this region.
ADCB – Quick 6% ScalpAbu Dhabi Commercial Bank (ADCB) is showing strong momentum after reclaiming 12.52 AED. Price is currently trading at 13.48 AED, pushing aggressively toward the next key level at 14.32 AED, which stands as a major resistance zone.
📌 Target : 14.32 AED (Major Resistance)
📌 Scalp Gain: +6%
Wedge Watch: SPACE42 Poised for Liftoff from Falling Orbit?
➤ 📈 RECOMMENDATION: BUY (Speculative)
➤ 🔍 REASONING:
📉 Chart Pattern: This is a falling wedge — a classic bullish pattern often seen at the end of a downtrend.
🚀 Bullish Signal: A breakout above the upper wedge line 📈 typically signals the start of an **uptrend**.
📊 Volume: Look for increasing volume** on the breakout 🔊 — this confirms momentum.
📐 Trend Structure: The narrowing price range with higher lows = buyers are stepping in gradually 💪.
🛠️ Action Strategy:
🟢 Entry: Buy on breakout above the upper trendline.
🛡️ Stop-loss: Just below the recent swing low inside the wedge.
🎯 Target: Take the height of the wedge and project it upward from the breakout level.
Lulu Holdings: Chasing the Gap – Key Levels in Focus 🔍 Summary: Key Points to Watch for Lulu Holdings
📉 Gap Down: A notable gap down between 1.66 AED and 1.56 AED occurred between February 11–12, following a negative earnings catalyst. This gap now serves as a significant technical barrier.
📊 Recent Volume Spikes: There has been a clear increase in trading volume since the gap, indicating strong market activity. This volume surge is critical and may reflect either institutional interest or volatility-driven participation.
🟠Resistance Zone: The 1.56–1.66 AED range is the primary resistance:
🔻 If price approaches this zone with falling or weak volume, it could face rejection and pull back.
🔺 A clean breakout above 1.66 AED with strong volume would suggest serious buying interest and a potential gap fill continuation.
🟢 Support Zone: Immediate support is located at **1.30–1.32 AED**:
Holding this area signals stability and potential consolidation.
🔻 A breakdown below 1.30 AED could push the stock toward deeper support near 1.20 AED.
⏳ Gap Fill Potential: If price pushes back toward 1.66 AED on rising volume, this could initiate a full gap fill attempt , which would be a bullish structural signal.
📈 Volume Sensitivity:
Rising volume on upward moves** is essential to confirm bullish strength.
Declining volume near resistance** would indicate weak buying pressure and possible
failure.
🔍 Price Structure to Watch:
Formation of higher lows above 1.32 AED would indicate accumulating bullish momentum.
A failure to hold above this zone would signal potential continuation of the downtrend.
🎯 Bottom Line:
The 1.66–1.56 AED gap is the critical technical zone. Spectators should closely monitor whether the price can approach and potentially close this gap with strong volume or whether it will face resistance and reject. Volume will be the deciding factor in determining whether Lulu Holdings is stabilizing for a recovery or remains vulnerable to further declines.
Updated Technical Analysis: Space42 PLC Daily CharThe daily chart of Space42 PLC is showing a strong bullish breakout from a long-term downtrend.
Key Observations:
Price Breakout: The price has decisively broken above the resistance at 1.78 AED, which was a key ceiling for several months.
Retest and Confirmation: There was a brief throwback to retest the 1.78 AED level, which successfully held as support, confirming the breakout.
Next Resistance : The immediate resistance is now located at 2.40 AED, which is the next technical target suggested by the breakout structure.
Support Levels:
Primary support: 1.78 AED (previous resistance, now confirmed support)
Secondary support: 1.60 AED (lower support zone within the previous consolidation range)
Indicators:
RSI: Currently at **80.77**, indicating strong momentum but also nearing overbought territory. Price may consolidate or pull back in the short term before further continuation.
Volume: A significant spike in volume accompanies the breakout, adding credibility to the move.
Commodity Trend Reactor: Displays positive strength and aligns with bullish momentum.
What to Watch:
Holding 1.78 AED Support: If the price remains above this level, the bullish structure is intact.
Approach to 2.40 AED Resistance: Look for signs of continuation (strong bullish candles and sustained volume) or potential rejection.
Pullback Behavior: A controlled retracement to 1.78 AED with low volume would be healthy and could provide a continuation setup.
Volume and RSI: Watch for decreasing volume on pullbacks and RSI behavior near current levels for potential cooling before a next leg higher.
Key Levels:
Support: 1.78 AED, 1.60 AED
Resistance: 2.40 AED
The current price action suggests bullish momentum, but traders should closely monitor how the stock behaves around these critical levels for confirmation of further movement.
Spotting the Cup: A Technical Dive into Modon Holdings PSCThis chart illustrates a potentially valid Cup with Handle pattern on Modon Holdings PSC's daily chart. The cup formation appears well-rounded, with a reasonable depth that aligns with standard pattern criteria. The handle is correctly positioned following the cup and slopes slightly downward, which is acceptable and typical.
However, for a more reliable confirmation, it's important to assess two key factors:
1. Volume Dynamics: Ideally, volume should contract during the handle formation and expand significantly on the breakout. This confirmation is not visible from the chart provided and should be verified.
2. Pattern Duration: The pattern seems to have developed over a relatively short period. The Cup with Handle is generally more reliable when it forms over several weeks to a few months on a daily chart.
Overall, the drawing is structurally accurate, but traders should confirm volume behavior and ensure sufficient pattern maturity before acting on this setup. Constructive feedback is welcomed if others spot additional nuances.
LULU Another Bullish Divergence but this time, it is different!!Good Day Trader!
LULU again showed a bullish divergence. What is different this tie? We have huge volume. which is a positive sign and soon we may see the Stock price rise after some consolidation. To have less risk we may plan to enter after the break out of the last Higher High as shown in the chart. Or we can take some positions in the consolidation for higher risk to reward ratio.
Thank you for following the channel, will to posting more charts.
Happy Trading!
EAND – Gaining Momentum for the Next MoveEtisalat Group appears to have bottomed, establishing a key accumulation range between 15.74–18.58 AED. Price is currently playing within this range, building a solid base after a prolonged downtrend.
If Etisalat breaks above the 18.58 AED resistance with strong volume and follow-through, it opens the door to a clean upside move toward the next key levels:
T1: 20.14 AED
T2: 22.24 AED
T3: 25.88 AED
T4: 28.70 AED
The structure is tight and range-bound, but the market sentiment shows early signs of strength. A breakout from this base would confirm a shift in trend and could trigger a mid- to long-term bullish leg.
📌 Risk management: The 15.74 AED level serves as the invalidation zone. As long as price holds above it, bulls remain in control of the setup.
Is DFM a good buy? (Dubai)Why You Might Consider Buying
Fundamental tailwinds
-Dubai's economy is seeing strong growth, with GDP rising and non-oil sectors performing well. FDI inflows remain high, and tourism is growing (~16.8 m visitors in 2024).
-Exchange revenue is benefiting from rising trading volumes, even as clearing fees decline.
-It seems that each time DFM creates a new low, we get a nice pump from it, but this pump seems to get smaller each time it occurs.
Why Caution Is Warranted
Geopolitical volatility
-Regional tensions (Middle East conflicts).
Real estate pressure
-Fitch warns Dubai property prices could fall by double digits later in 2025–26 due to oversupply (~210k new units).
-Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial advice, investment recommendation, or an offer to buy or sell any securities. Stock prices, valuations, and performance metrics are subject to change and may be outdated. Always conduct your own due diligence and consult with a licensed financial advisor before making investment decisions. The information presented may contain inaccuracies and should not be solely relied upon for financial decisions. I am not personally liable for your own losses, this is not financial advise.
BILDCO (ADX) Bulls are Loading🔥 BILDCO (ADX) – 2H Timeframe
“BILDCO just dropped the hammer with that BOS confirmation. ABC correction’s done, accumulation is real. Bulls are loading. With structure flipping bullish and a clean Wave 3 setup in motion, this could rip hard to 1.30+.”
Elliott Wave Breakdown:
✅ Completed ABC correction into Demand Zone
🔺 Wave (1) and (2) of new impulse appear complete
✅ Break of Structure (BOS) confirmed at 0.745
🔼 Bullish trajectory projecting into Wave (3) → (4) → (5) targeting 1.30–1.38
🎯 Trade Setup
Parameter Level
Entry 0.76 (current zone)
Stop Loss Below 0.74 (BOS zone)
Take Profit 1.30 / 1.38
Risk/Reward ~1:3.5+
“Structure tells the story. Volume confirms the chapter. The wave shows the climax.”
⚠️ Disclaimer
Educational content only. This is not financial advice. Trade at your own risk and use proper risk management.
Big Disappointment LULU is one of the stock in Abu Dhabi Securities Exchange that has disappointed many investors and traders. Right from the successful IPO everyone had a high hope for good returns from this stock and it did exactly the opposite. After the listing it could not take off we are seeing selling pressure almost everyday, Red candles are printed all over the chart. I was watching 1.28 zone very closely for a bounce but still no buyers are interested at current levels. My next area of interest is between 1.17-2.00 if we can see some buying pressure with good volumes i would take small position and wait for more price action to add more quantities. Overall of course its in a down trend.
Hit the like button and show your support guys ;)
Wait for lower priceModon and Multiply most of the time go side by side, as Multiply has already started its correction i think Modon will also follow. I am not interested at current levels as it got rejected at 3.33 that i have identified as resistance zone. I am waiting for the price to hit somewhere between 3.12-3.18 zone and wait for a bullish signal so that i can plan my entry. As of now lets just wait and watch.
Hit the link button to show your support guys ;)
Watch Out Correction Is hereWe had nice bullish momentum in this stock lately, now its time to watch out as it has hit the resistance and got rejected with big volumes clearly its a supply zone that is 2.40 so if at all you are still holding this stock plan your positions accordingly. I would be interested to watch the price action at 2.10 zone. I think it will soon give us a new buying opportunity lets hold on to our cash and be ready.
Hit the link button to show your support guys ;)
Multiply - Abu Dhabi Stock MarketAfter a long downtrend finally we are seeing some bullish momentum in Multiply. With todays candle closing i am not planning for any entry instead i think people will start to exit at current levels. After this recent rally from 1.50 zone i think its time for a small correction i think it will not be very deeper. Lets wait and see how the price unfolds at next support zone to plan our trade.
Hit the link button to show your support.
EMAAR Properties (Dubai)Emaar Properties, a leading real estate developer based in Dubai, has demonstrated robust financial performance in 2024, achieving record-breaking figures across various metrics.
Financial Performance:
Revenue: Emaar reported its highest-ever revenue of AED 35.5 billion (approximately US\$9.6 billion) in 2024, marking a 33% increase compared to the previous year.
Net Profit: The company's net profit before tax rose by 25% to AED 18.9 billion (US\$5.1 billion), reflecting strong operational efficiency and profitability.
Property Sales: Emaar achieved record property sales of AED 70 billion (US\$19 billion), a 72% increase over 2023 figures.
Revenue Backlog: The company's revenue backlog from property sales surpassed AED 110 billion (US\$30 billion) as of December 31, 2024, indicating robust future revenue streams.
Balance Sheet and Financial Ratios:
Total Assets: Emaar's total assets increased to AED 160.2 billion in 2024, up from AED 139.4 billion in 2023.
Total Equity: The company's total equity rose to AED 96.1 billion in 2024, reflecting a strong capital base.
Debt Levels: Emaar's total debt stood at approximately AED 9.6 billion as of the most recent quarter, with a debt-to-equity ratio of 10.5%, indicating prudent financial leverage.
Strategic Developments:
Dividend Policy: In December 2024, Emaar announced a new dividend policy, proposing its highest-ever dividend of 100% of share capital for 2024, amounting to AED 8.8 billion.
Land Acquisition: The company acquired 141 million square feet of development land in prime areas of Dubai, with a total development value of AED 96 billion, positioning itself for sustained growth.
Market Position and Outlook:
Emaar's strong financial performance in 2024 reflects its resilience and adaptability in a competitive real estate market. The company's strategic initiatives, including significant land acquisitions and a generous dividend policy, underscore its commitment to delivering value to shareholders. With a substantial revenue backlog and a robust pipeline of projects, Emaar is well-positioned to maintain its leadership in the real estate sector.
-*Disclaimer: This is just my personal opinion and not financial advice. I am not a professional financial advisor. Please do your own research before making any investment decisions. Any losses incurred are solely at your own risk.*
LULU (ADX) The correction’s cooked!!🔥 LULU (ADX) – 1H Timeframe
Lulu Retail Holdings PLC
“LULU just cracked structure at 1.34 and flipped the script. The correction’s cooked, momentum’s shifting, and the bulls are looking to ride this wave straight into those stacked supply zones. Stops are tight, upside’s clean — this is where the move begins.”
🧠 Elliott Wave Breakdown
🔁 Wave (1) and (2) appear locked in
✅ Break of Structure (BOS) above 1.34 confirms bullish reversal
🔼 Price now riding Wave (3) with pullback forming Wave (4) setup
🔺 Final target projected in Wave (5) zone at 1.79 – 1.84
🎯 Trade Setup
Entry 1.35 (current zone)
Stop Loss (tight)** Below trendline @ ~1.31 (for conservative traders)
Stop Loss (wide)** 1.25 (below demand zone for higher tolerance)
Take Profit 1.79 – 1.84
R/R Ratio ~1:3.2 – 1:4.5
“All structure, no noise. When price breaks out and retests clean, you either trust the wave or stay flat. That demand zone held — now let the market do its job.”
⚠️ Disclaimer
This analysis is for educational purposes only. Not financial advice. Use stop-loss strategies that fit your risk profile.
DUBAI ELECTRICITY (DEWA) running a clean Elliott🔥 DUBAI ELECTRICITY (DEWA)
“DEWA’s running a clean Elliott textbook: ABC down, new impulse up. The bulls stepped in hard at the C-wave low — textbook demand zone reaction. Now riding Wave 3 with momentum, and 3.06 is the magnet.”
### 🌀 **Elliott Wave Breakdown**
* ✅ Completed impulse: Wave **(1)-(5)** topped near **2.90**
* 🔻 Correction: **ABC** Zigzag down to strong demand zone (**C** low = liquidity sweep)
* 🟢 New bullish impulse unfolding:
* Wave **(1)** and **(2)** of the new cycle complete
* Currently riding Wave **(3)** targeting **2.88(Wave 3), 3.06 (Wave 5)**
* Smart money likely stepped in at Wave (C) low
* **3.06:** Target zone & projected Wave (5) high
---
### 🧮 **Fibonacci Extension**
Wave (3)target ≈ **2.87 –
Wave 5 target 3.06
## 🎯 **Trade Plan**
| --------------- | ----------------------------------- |
| **Entry** | Market @ 2.72 or pullback near 2.60 |
| **Stop Loss** | Below 2.43 (demand zone) |
| **Take Profit** | 3.06 (Wave (5) projection) |
| **Risk/Reward** | \~1:3.2 |
*“The market moves in waves. Ride the impulse, survive the correction.”*
### ⚠️ **Disclaimer**
> This is an educational analysis, not financial advice. Always use a stop loss. DYOR before entering any position.






















